Meeting Details

The 38th Annual General Meeting was convened through Video Conferencing/Other Audio‐Visual Means on Thursday, August 6, 2026. The meeting commenced at 9:00 a.m. IST and concluded at 10:24 a.m. IST.

Voting Process and Methods

The Company availed the services of Central Depository Services (India) Limited (CDSL) for conducting the meeting through Video Conferencing/Other Audio‐Visual Means and providing one‐way live webcast. Remote e‐voting commenced at 9:00 a.m. IST on Monday, August 3, 2026, and concluded at 5:00 p.m. IST on Wednesday, August 5, 2026. Members present at the meeting could also cast their votes by means of e‐voting during and 15 minutes after the conclusion of the meeting. Members holding shares as of the cut‐off date of Thursday, July 30, 2026, were entitled to vote.

Attendance and Participation

  • Total Members participated: 76
  • Promoter & Promoter Group: 27
  • Public: 49
  • All Directors and Key Managerial Personnel were present
  • Mr. Harsh Mariwala, Chairman of the Board, presided over the meeting
  • Mr. Makarand M. Joshi, Practicing Company Secretary (FCS: 5533 and COP No.: 3662), was appointed as the Scrutinizer

Resolutions and Voting Outcomes

The Scrutinizer confirmed that all resolutions were passed with requisite majority:

Ordinary Business:

1. Adoption of Audited Financial Statements (Standalone & Consolidated) of the Company for the financial year ended March 31, 2026, together with the reports of the Board of Directors and Statutory Auditors thereon - Ordinary Resolution

2. Declaration of Final Dividend of ₹ 4 per equity share of ₹ 1 each for the financial year ended March 31, 2026 - Ordinary Resolution

3. Appointment of Director in place of Mr. Rishabh Mariwala (DIN: 03072284), who retires by rotation and being eligible, offers himself for re‐appointment - Ordinary Resolution

Special Business:

4. Ratification of the remuneration payable to M/s. Ashwin Solanki & Associates, Cost Accountants (Firm Registration No. 100392), Cost Auditors of the Company for the financial year ending March 31, 2027 - Ordinary Resolution

Management Presentations and Discussions

  • Mr. Harsh Mariwala apprised Members on the theme of Company's eighth Integrated Annual Report - "Advancing towards Vision 2030" and provided an overview of strategic imperatives and FY26 performance
  • Mr. Saugata Gupta, Managing Director & CEO, briefed Members about operational performance, double‐digit consolidated revenue and profit after tax growth, Project SETU, outlook on foods & premium personal care businesses, International business, innovation and digital transformation, emphasis on AI, data, and smart analytics, sustainability and ESG initiatives
  • The Reports from the Statutory Auditors and Secretarial Auditor did not contain any qualifications, observations or remarks having any adverse effect on the functioning of the Company
  • Pre-registered questions from Members were addressed by Mr. Saugata Gupta and Mr. Pawan Agrawal, Group CFO and CEO‐International Business

Compliance and Regulatory References

The meeting was conducted in accordance with:

  • Companies Act, 2013 and rules thereunder
  • SEBI Listing Regulations
  • General Circular No. 14/2020 dated April 8, 2020
  • General Circular No. 17/2020 dated April 13, 2020
  • General Circular No. 20/2020 dated May 5, 2020
  • General Circular No. 03/2025 dated September 22, 2025
  • Other circulars issued by the Ministry of Corporate Affairs